On Tuesday, January 20th 2015, President Obama will deliver the State of the Union address (SOTU), and energy and climate will likely play a prominent role. In last years’ SOTU, President Obama outlined an all of the above strategy: increasing domestic oil and gas production, cutting red tape, phasing out fossil fuel subsidies and addressing climate change. However, a lot has changed in the last year.
Republicans now control both chambers of Congress, oil prices are at their lowest point since 2009 and the Clean Power Plan has impacted the policy landscape both domestically and abroad. The administration just announced plans to reduce methane emissions from the oil and gas sector 40-45% from 2012 levels by 2025. The Keystone XL Pipeline continues to be front and center, and the question of whether to export crude oil and LNG is not going away, despite the impact of falling oil prices. 2015 will likely see a resurgence in activity on energy issues.
Q. Which energy issues should President Obama prioritize during the State of the Union? What impact will the State of the Union have on energy policy in 2015?